AAE and GE Aviation Systems Sign Valve Agreement.

[Apr. 17th, 2014]: The Management of Aircraft Appliances and Equipment Limited (AAE) is pleased to announce that AAE has entered into a License Agreement with GE Aviation Systems, Cheltenham, United Kingdom.

By terms of the agreement, AAE has been appointed as GE's Canadian Repair and Overhaul Facility responsible for providing repair and overhaul services for valves and actuators used on the Department of National Defence (DND) Victoria Class Submarines.

The AAE/GE agreement also appoints AAE as the Canadian representative for the sale ofGE valve and actuator spare parts used on the Victoria Class Submarines.

The License Agreement has an effective date of April 1, 2014.

As a supplier to DND and related customers for the past 65 years, AAE looks forward to supporting the requirements for Repair and Overhaul Services and the Sale of New Products associated with the Victoria Class Submarine.